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HP - Handheld Group License Agreement

Press release from the issuing company

HP today announced an agreement with Handheld Group to develop and sell printing products worldwide for the logistics industry based on HP’s thermal inkjet print cartridges.

HP granted a license to relevant patents for the electrical, mechanical and system design of a handheld inkjet printer with wireless communication to Handheld Group. The Sweden-based company manufactures rugged PDAs and mobile computers for data acquisition in out-of-office applications. Handheld Group is the sole licensee of the design.

“We are very happy to sign this license agreement with HP, which will open new markets to us and ultimately benefit our customers,” said Jerker Hellström, chief executive officer and chairman, Handheld Group. “By accessing HP’s innovative printing technology portfolio, we can continue to create truly unique products. Our business partners and the end users of our products expect us to deliver cutting-edge technology solutions for their respective industries and businesses, and this agreement enables us to do just that.”

HP inkjet cartridges used in future Handheld Group products may include a quick-drying, smudge-free magenta ink formulated specifically for high visibility on substrates used in the logistics industry, such as brown corrugated boxes, kraft paper and packing tape.

“HP continues uncovering new applications where our inkjet technology can address specific industry challenges,” said Kathy Tobin, vice president and general manager, Specialty Printing Systems, HP. “We’re excited to combine our resources with Handheld Group to create printing solutions that will simplify logistics and supply chain operations.”

More information about Handheld Group is available at www.handheldgroup.com.

Additional information about HP Specialty Printing Systems is available at www.hp.com/go/OEMINKJET, and through the HP Graphic Arts Twitter feed at www.twitter.com/hpgraphicarts and YouTube channel at www.youtube.com/hpgraphicarts.

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